Noda Balance Sheet Health
Financial Health criteria checks 6/6
Noda has a total shareholder equity of ¥42.6B and total debt of ¥11.5B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are ¥74.7B and ¥32.1B respectively. Noda's EBIT is ¥2.8B making its interest coverage ratio -49.7. It has cash and short-term investments of ¥23.1B.
Key information
27.1%
Debt to equity ratio
JP¥11.55b
Debt
| Interest coverage ratio | -49.7x |
| Cash | JP¥23.08b |
| Equity | JP¥42.59b |
| Total liabilities | JP¥32.14b |
| Total assets | JP¥74.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7879's short term assets (¥46.7B) exceed its short term liabilities (¥22.2B).
Long Term Liabilities: 7879's short term assets (¥46.7B) exceed its long term liabilities (¥10.0B).
Debt to Equity History and Analysis
Debt Level: 7879 has more cash than its total debt.
Reducing Debt: 7879's debt to equity ratio has reduced from 34.5% to 27.1% over the past 5 years.
Debt Coverage: 7879's debt is well covered by operating cash flow (48.7%).
Interest Coverage: 7879 earns more interest than it pays, so coverage of interest payments is not a concern.